New Fairfield, Connecticut Real Estate Update
February, 2009
Closed home sales in New Fairfield, Connecticut:
There were 6 home sales closed in New Fairfield, CT.
The average closed real estate sales price for New Fairfield was $385,166.
The median closed real estate sales price for New Fairfield was $345,000.
On average, these homes sold for 93.1% of their final list price.
Days on Market averaged 267 days of market time.
This compares with 9 closed sales in February, 2008, with an average sales price of $494,850 and a median sales price of $385,000.
Currently available homes for sale in New Fairfield, Connecticut:
Currently, there are 136 homes for sale in New Fairfield, CT.
List Prices range from $164,900 for a two-bedroom short sale home with lake rights to $10,000,000 for a waterfront estate on more than 40 acres.
New Fairfield, Connecticut is a small community of about 14,000 residents that borders New York State to the west and Candlewood Lake to the east. Several lake communities border Candlewood Lake, and typically offer a private beach for residents, boat docks and other amenities. New Fairfield enjoys a convenient commute location to lower Fairfield County and Westchester County, New York. New Fairfield is situated just over an hour by car to Hartford, Connecticut and New York City.
This Market Report prepared by:
Don Fabrizio-Garcia, REALTOR
Real Estate & Appraisals
203.746.1199
Connecticut Real Estate and Homes for Sale
Data compiled from the Greater Fairfield County MLS and believed to be accurate
Big spread in those house prices $ 164K to $ 10 Million.. good luck there Don...
Kathy - Yes, between starter homes and waterfront estates, we do have a huge price spread here in town.